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Lateral Flow Immunoassay (LFIA) Based Rapid Test Global Market Report 2022: Forecast to 2030
Avail a limited period discount of 33% on our uniquely designed Opportunities and Strategies market research reports. Contact us today and make winning strategies!According to The Business Research Company's Lateral Flow Immunoassay (LFIA) Based Rapid Test market report, the global lateral flow immunoassay (lfia) based rapid test market is expected to grow from $6.08 billion in 2021 to $6.66 billion in 2022 at a compound annual growth rate (CAGR) of 9.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, affecting many markets across the globe. The lateral flow immunoassay (LFIA) based rapid test market is expected to grow to $9.08 billion in 2026 at a CAGR of 8.1%.
The demand for point-of-care testing under home care settings is expected to drive the Lateral Flow Immunoassay (LFIA) Based Rapid Test market. Point-of-care (POCT) testing is essential for rapid on-site diagnosis and treatment. The most important features for current POCT diagnostic systems are a quick analysis time with a test-to-answer format. Lateral flow immunoassays (LFIA) are widely used as POCTs due to their speed and precision, simplicity, and low cost.
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The Lateral Flow Immunoassay (LFIA) Based Rapid Test market is segmented -
By Technique: Competitive Assay, Sandwich Assay, Multiplex Detection Assay
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Lateral Flow Immunoassay (LFIA) Based Rapid Test market.
Major competitors in the Lateral Flow Immunoassay (LFIA) Based Rapid Test market include Abbott Laboratories, F. Hoffmann-La Roche, Danaher Corporation, Siemens AG, Becton, Dickinson and Company, bioMérieux, Bio-Rad Laboratories, Thermo Fisher Scientific, QIAGEN NV, and Hologic Inc.
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The lateral flow immunoassay (LFIA) based rapid test market consists of sales of devices and equipment used to run lateral flow immunoassays (LFIA) based rapid test and related services by companies that develop lateral flow immunoassays (LFIA) based rapid test equipment. These are testing devices used to assess the existence of a target, such as pathogens or biomarkers, in samples obtained from the human body or animals, or pollutants in water sources, food, or animal feed.
The Table Of Content For The Lateral Flow Immunoassay (LFIA) Based Rapid Test Market Include:
1. Lateral Flow Immunoassay (LFIA) Based Rapid Test Market Executive Summary
2. Table of Contents
3. List of Figures
4. List of Tables
5. Report Structure
6. Introduction to the Lateral Flow Immunoassay (LFIA) Based Rapid Test market
……
25. Key Mergers And Acquisitions In The Lateral Flow Immunoassay (LFIA) Based Rapid Test Market
26. Market Background: Nursing Care
27. Lateral Flow Immunoassay (LFIA) Based Rapid Test Market Opportunities And Strategies
28. Lateral Flow Immunoassay (LFIA) Based Rapid Test Market, Conclusions And Recommendations
29. Appendix
The Business Research Company's "Global Lateral Flow Immunoassay (LFIA) Based Rapid Test Opportunities And Strategies Market Report - Forecast To 2030" is the most comprehensive report available in market, providing data and statistics from over 60 geographies analyzed in more than 2500 market segments. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. Additionally, it evaluates the market's historic and projected growth and identifies significant trends and strategies that can be used to outperform the competitors in the sector.
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